
Oil Tops Orders, Bath & Body Category Surges 114% as Vijayawada Embraces Instamart's 10-Minute Delivery Revolution
Over the past six months, the city's top orders have showcased a dynamic blend of staples and regional favorites, with milk, onions, tomatoes, oils, green chilies, soft drinks, potatoes, and curd leading the pack. Local specialties like groundnuts, coconut oil, tender coconut, idly rava, and Gongura leaves remain perennial favorites, underscoring Vijayawada's strong preference for authentic, homegrown flavors. The surge in newer categories tells a larger story of changing consumption behaviours. Vijayawada has seen a 114% growth in bath, body, and hair care products, especially during the wedding season when grooming and beauty products peak. Monsoons also influence carts, with a clear uptick in the purchase of essentials like oils and onions and indulgent items like instant noodles and snacks.
Afternoon slots remain the busiest ordering window, aligning with household routines, while early morning orders are on the rise, showcasing how the city turns to Instamart for quick fixes even before the day begins. The average delivery time in Vijayawada stands at 12.1 minutes, with the fastest delivery recorded at a jaw-dropping 1.41 minutes (1 km distance) this year. The love for quick commerce is also reflected in scale — Father's Day (15th June) saw the highest number of orders, while one user clocked in 192 orders over the past 6 months.
Cultural nuances also shape consumption: during local festivals like Sankranti, there is a spike in fruits & vegetables, pooja essentials, and cooking ingredients. The wedding season drives up orders of makeup and hygiene & wellness products, while year-round, local heritage brand - Vijaya Gold oil remains the top-selling product, pointing to a deep-rooted brand loyalty in the region. This is followed by demand for Vijaya Dairy, Tenali Double Horse Foods, Sri Lalitha Enterprises, 24 Mantra Organic, and Heritage Foods, emerging as the most patronized brands in the region. Backed by a vast mega assortment that goes beyond groceries to include toys, gifting, electronics, and more, Instamart caters to a wide range of everyday needs, making it the go-to quick commerce platform in the city.
Commenting on Vijayawada's adoption of quick commerce, Hari Kumar G, Chief Business Officer, Instamart, said, 'Vijayawada is a great example of how quick commerce can seamlessly blend with local culture and everyday life. From delivering regional staples like Gongura, groundnuts, and coconut oil, to witnessing a remarkable 114% surge in personal care purchases, we're seeing a deep shift in how consumers meet both planned and spontaneous needs, often within just 10 minutes. The rise in early morning and afternoon orders shows how deeply Instamart is embedded in the city's daily routine. Whether it's a festival, a wedding, or a regular grocery run, Vijayawada trusts us to deliver fast and reliably.'
Instamart is now live across 125+ cities, offering lightning-fast 10-minute delivery and an expanded assortment through new megapods that stock up to 35,000 SKUs. Backed by deep insights into regional preferences and powered by a hyper-efficient delivery network, Instamart's success in Vijayawada demonstrates the platform's ability to adapt to local tastes while maintaining operational excellence. The platform recently introduced Maxxsaver—a feature designed to unlock maximum savings and support more planned, affordable purchases for users across India.

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Mint
2 days ago
- Mint
Cashback vs reward points: Which credit card is better for you?
While taking a credit card, one of the criteria that an individual looks at is the reward structure. Some credit cards give reward points. These can be redeemed in multiple ways, and the value per point varies. On the other hand, some credit cards keep it simple by giving cashback. In this article, we will discuss both the types of credit cards and which credit card an individual should choose. A cashback credit card gives a certain percentage of the eligible transaction value as cashback. During a statement cycle, the cashback for all eligible transactions accumulates. Once the statement is generated, the consolidated cashback is awarded to the cardholder. Cashback credit cards are simple, as the percentage of cashback is defined. The cashback is automatically credited to the cardholder's account. The cardholder doesn't need to redeem it like reward points. The cashback amount is usually used in the next billing cycle to settle the next month's outstanding amount. Hence, there is no fear of the cashback expiring as it gets used up in the next month. While cashback credit cards are simple and easy to use, the flip side is the low reward rate. Most cashback credit cards have a 1-5% reward rate range. However, some cashback cards have a reward rate of 10% in specified categories, which is good. In most cashback cards, there is a limit on the cashback that you can earn in a billing cycle. Like most credit cards, cashback credit cards also have exclusions. The excluded categories don't earn cashback. Hence, you must make a note of these categories. While some cashback credit cards are lifetime-free, most have annual fees in the range of Rs. 500 to Rs. 1000. In the case of most cashback credit cards, the renewal fee is waived on spending a specified amount in the previous year. The cashback category is broad, and there are various types of credit cards within this category. Let us look at some of the cashback credit cards. Cashback SBI Card: The Cashback SBI Card is one of the most popular credit cards in the cashback category. It gives 5% cashback on all eligible online spends and 1% on all eligible offline spends. The maximum cashback that can be earned in a statement cycle is capped at Rs. 5,000. Thus, a cardholder can save up to Rs. 60,000 annually. The annual fee on the card is Rs. 999 + Taxes. The renewal fee is reversed on annual spends of Rs. 2 lakhs. Swiggy HDFC Bank Credit Card: The card gives 10% cashback on the Swiggy App (food delivery, Instamart, Dineout, and Genie), capped at Rs. 1,500 per billing cycle. Online spends on specified merchants earn a 5% cashback, capped at Rs. 1,500 per billing cycle. There is 1% cashback on all other eligible categories, capped at Rs. 500 per billing cycle. The cardholder can save up to Rs. 42,000 annually with this card. The annual fee is Rs. 500 + Taxes. The renewal fee is waived on spending Rs. 2,00,000 in the previous year. Airtel Axis Bank Credit Card: The card gives a whopping 25% cashback on Airtel services like prepaid and postpaid, broadband, WiFi, and DTH bill payments through the Airtel Thanks App. The cashback is capped at Rs. 250 per billing cycle. Utility bill payments like electricity, gas, etc., made through the Airtel Thanks App get a 10% cashback. The cashback is capped at Rs. 250 per billing cycle. Transactions on the preferred merchant's app (Swiggy, Zomato, and BigBasket) earn a 10% cashback. There is a capping of Rs. 500 per billing cycle across all three merchants. All other eligible transactions earn a 1% cashback without any capping. The annual fee is Rs. 500 + Taxes. The annual fee is waived on annual spends of Rs. 2 lakhs. Apart from these, there are other cashback credit cards like: HSBC Live+ Plus gives 10% cashback on dining, food delivery, and grocery spends. Yes Bank Click Credit Card gives up to 5% cashback for UPI transactions done by Neon members through the Kiwi App. Tata Neu Infinity HDFC Bank Credit Card gives up to 5% cashback on spends on Tata Neu and partner Tata brands. The cashback is in the form of NeuCoins. Amazon Pay ICICI Bank Credit Card gives up to 5% cashback for Amazon Prime members for spending done on Amazon. The cashback is in the form of Amazon Pay. A reward credit card gives benefits to the cardholder in the form of reward points. The reward rate is usually for every Rs. 100 spent. However, some credit cards (for example, American Express) give rewards for every Rs. 50 spent, and some (for example, HDFC Bank) give rewards for every Rs. 150 spent. Reward points are versatile. The cardholder can use them for various redemption options. Some of these include the following. Paying for online/offline transactions Booking flights/hotel accommodation Redeeming fora statement credit Purchase of gift vouchers Transfer to airline and hotel partners Donation for charity Usually, the value per point for redemption options like paying for transactions, statement credit, donation, purchase of gift vouchers, etc., is in the Rs. 0.20 to Rs. 0.30. The value per point for redemption options like booking flights, hotel accommodation, transfer to airline and hotel partners is usually higher. For flight bookings and hotel accommodation, the redemption value per point can be up to Rs. 1. Banks have tie-ups with various airline and hotel loyalty partners where the reward points can be transferred in a specified ratio. The transfer ratio usually ranges from 0.5 to 2. It means, one credit card reward point can be converted to 0.5 to 2 partner points. The reward cards can be category-specific or generic. In the last few years, travel-centric cards have become quite popular among cardholders. These credit cards usually offer accelerated reward points for spending in the travel category. Also, at the time of redemption, they offer a higher value per point when they are redeemed for flights, hotels, or transferred to airline/hotel partners. Let us look at some travel-specific credit cards with a decent reward rate. Axis Bank Atlas Credit Card: The card provides 2 EdgeMiles (EMs) per Rs. 100 spent. Travel-related spends get an accelerated reward rate of 5 EM per Rs. 100 spent. The cardholder gets bonus EMs on achieving spend-based milestones. The EMs can be transferred to 19 transfer partners (14 airlines and 5 hotels). The EM can be transferred to partners in a 1:2 ratio (except for Marriott Bonvoy). American Express Platinum Travel Credit Card: The card offers a base reward rate of 1 Membership Reward (MR) point per Rs. 50 spent. When the cardholder spends Rs. 1,90,000 in a year, they get a bonus of 15,000 MR points. Similarly, when the cardholder spends Rs. 4,00,000 in a year, they get an additional bonus of 25,000 MR points and a Rs. 10,000 Taj gift voucher. The MR points can be redeemed against Air Maharaja, The Postcard Hotels, or Taj gift vouchers. The MR points can be transferred to partners like Singapore Krisflyer for flights, Marriott Bonvoy for hotel bookings, etc. HSBC TravelOne Credit Card: The card offers an accelerated reward rate of 4 reward points for every Rs. 100 spent on flights, travel aggregators, and foreign currency transactions. All other categories get 2 reward points for every Rs. 100 spent, except for excluded categories. The card also offers instant discounts of up to 15% on specific travel aggregators for flights and hotel bookings. The reward points can be transferred to 19 transfer partners (15 airlines and 5 hotel partners). The transfer ratio for most partners is 1:1, except for a few. Till a few years back, banks gave credit cardholders benefits through reward points and other ways. Reward points are versatile and can be redeemed in various ways. The value per point depends on the redemption option chosen. In the last few years, banks have introduced credit cards that reward cardholders with cashback. These are simple to use and give a specified percentage of the transaction value as cashback. The decision of whether to go for a rewards or cashback credit card will depend on your needs. If you travel frequently, you may consider a rewards credit card focused on the travel category. These cards give you an accelerated reward rate for travel-related spends. Also, you can redeem reward points against booking flights and hotels, or transfer them to airline/hotel partners. Thus, these cards can help you enjoy free family vacations with reward points. If you don't travel frequently and prefer a credit card with a simple reward structure, you may consider a cashback credit card. These cards give you a percentage of the transaction value as cashback. Also, the consolidated cashback amount will be automatically credited to your card account post statement generation every month. Gopal Gidwani is a freelance personal finance content writer with 15+ years of experience. He can be reached at LinkedIn. For all personal finance updates, visit here. Disclaimer: Mint has a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards, and credit scores. Mint does not promote or encourage taking credit, as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.


Time of India
2 days ago
- Time of India
Quick commerce firms hit pause on dark store spree amid focus on profitability
Advt Advt By , ET Bureau After a year of rapid expansion of dark stores quick commerce firms are pulling back on adding such warehouses to control their cash burn Real estate prices for dark stores had peaked a year ago but now players are renegotiating lease agreements, according to industry exception is Blinkit , which is backed by parent Eternal's $2 billion war chest and plans to expand its network to 3,000 stores from 1,544 dark stores as of June 30. Rivals Swiggy and Zepto, with cash reserves of $600-700 million each, have slowed Instamart added just 42 dark stores in the June quarter and has 1,062 such micro warehouses on its network, while Zepto paused expansion after reaching around 1,000 stores. ET reported earlier that Flipkart Minutes was also proceeding cautiously on this commerce players had been spending heavily for the past year on scaling up in a market that is expected to more than triple in the next two to three years. However, this growth and expansion push has led to significant cash burn. The quick commerce market is estimated to expand to $30 billion by 2027-28 from $8.2 billion in 2024-25, as per BNP Paribas."Last year, quick commerce companies entered a land-grab mode... offers for commercial spaces were frothy and these stores take a few months to mature and break even. For a lot of new stores, there is still time before they mature and the competition is easing off... so a lot of negotiations have started off," said a Gurgaon-based quick commerce executive, who did not wish to be for such commercial spaces in central locations are higher than for warehouses operated outside city limits by ecommerce companies such as Amazon and their recent earnings, both Blinkit and Instamart highlighted that most of their growth came from larger cities and that they can continue to grow without adding a large number of new stores. "Even in this quarter when we opened (in) a lot more cities, less than 5 per cent of the overall growth came from the expansion areas that we were not serving earlier," said Blinkit CEO Albinder the June quarter, the company's gross order value increased 140 per cent year-on-year to ₹11,821 Jha, CEO of Swiggy's Instamart, said that in terms of the network footprint, the company was at a level where it was comfortable with the growth headroom.


Time of India
2 days ago
- Time of India
Quick commerce companies slow dark stores buildout to control cash burn
Quick commerce firms are hitting pause on expansion of dark stores to keep cash burn in check. Industry executives said companies are renegotiating their lease agreements for these mini-warehouses. An exception is Blinkit, which is backed by parent Eternal's $2 billion war chest and plans to expand its network to 3,000 stores from 1,544 dark stores as of June 30. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads After a year of rapid expansion of dark stores quick commerce firms are pulling back on adding such warehouses to control their cash burn Real estate prices for dark stores had peaked a year ago but now players are renegotiating lease agreements, according to industry exception is Blinkit , which is backed by parent Eternal 's $2 billion war chest and plans to expand its network to 3,000 stores from 1,544 dark stores as of June 30. Rivals Swiggy and Zepto , with cash reserves of $600-700 million each, have slowed down. Swiggy 's Instamart added just 42 dark stores in the June quarter and has 1,062 such micro warehouses on its network, while Zepto paused expansion after reaching around 1,000 stores. ET reported earlier that Flipkart Minutes was also proceeding cautiously on this count Quick commerce players had been spending heavily for the past year on scaling up in a market that is expected to more than triple in the next two to three years. However, this growth and expansion push has led to significant cash burn. The quick commerce market is estimated to expand to $30 billion by 2027-28 from $8.2 billion in 2024-25, as per BNP Paribas 'Last year, quick commerce companies entered a land-grab mode… offers for commercial spaces were frothy and these stores take a few months to mature and break even. For a lot of new stores, there is still time before they mature and the competition is easing off… so a lot of negotiations have started off,' said a Gurgaon-based quick commerce executive, who did not wish to be for such commercial spaces in central locations are higher than for warehouses operated outside city limits by ecommerce companies such as Amazon and their recent earnings, both Blinkit and Instamart highlighted that most of their growth came from larger cities and that they can continue to grow without adding a large number of new stores.'Even in this quarter when we opened (in) a lot more cities, less than 5% of the overall growth came from the expansion areas that we were not serving earlier,' said Blinkit CEO Albinder Dhindsa During the June quarter, the company's gross order value increased 140% year-on-year to Rs 11,821 Jha, CEO of Swiggy's Instamart, also said that in terms of the network footprint, the company was at a level where it was comfortable with the growth headroom. 'Our next network expansion will be based on the need for the existing geographies and it will not be necessarily to expand into the white spaces. The overall expansion is such that it will allow us to grow 100% without the addition of a lot of stores,' Jha is currently present in 124 cities, and in the April-June period it clocked Rs 5,655 crore, up 107% which is preparing for an initial public offering (IPO) , has also been taking several measures to cut its cash burn. The company has $700-750 million in cash, according to people in the know. It is expected to soon close a $250-300 million primary capital funding from General Catalyst and Avenir sent to Blinkit, Zepto and Swiggy remained unanswered till press said that while a slowdown in expansion may result in near-term margin expansion for some players, it puts them at risk in the medium-to-long term if competitors densify aggressively.'The measured approach may expose companies to further pressure if network reach or delivery speeds begin to lag in the rapidly growing segment,' an analyst with a domestic brokerage firm said on condition of analysts have also underscored the importance of retaining cash reserves.'In our view, (Swiggy's) quick commerce contribution margins should improve sharply in the coming quarters with improvement in average throughput per store… cash balance is already down from around $1 billion in Q3FY25 to $620 million after Q1FY26,' HSBC Global Research said in a note on Friday. 'If capital expenditure and working capital investments do not fall sharply in the coming quarters, we worry cash exhaustion could continue to be significant.'